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Intrakat Chosen As Key Contractor For Multi-Billion Ellinikon Project In Greece’s Largest Urban Regeneration Initiative

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London, United Kingdom–(Newsfile Corp. – April 7, 2023) – Intrakat Group, a leading firm in Greece’s construction sector is providing consulting services and expertise to Lamda Development, the lead developer and member of the consortium responsible for the multi-billion Ellinikon project’s initiative: The Riviera Tower.

Intrakat Chosen As Key Contractor For Multi-Billion Ellinikon Project

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The Ellinikon Project, the largest urban regeneration project in Greece being built on the southern coast of Athens by Lamda Development, a Greek real estate company, is a crucial part of the Greece 2.0 strategy, which aims to encourage sustainable economic growth and draw in foreign capital. As part of the Ellinikon project, Lamda Development, a member of the consortium of Bouygues Batiment International,is developing the luxurious Riviera Tower, which will be one of the tallest and most prestigious residential towers in Greece. The 50-floor tower, set to be the tallest green beachfront high-rise building in the Mediterranean, will feature high-end apartments and luxury amenities, including a swimming pool, fitness center, and spa. The tower’s location on the Athens Riviera will offer residents stunning views of the Aegean Sea and easy access to beaches, restaurants, and cultural attractions.

The Ellinikon project is anticipated to be one of the biggest urban regeneration initiatives in Europe, which will boost the economy of Greece, generate jobs, attract tourists and capital, and generate billions of euros in investment. With infrastructure development being one of the key areas of emphasis, Greece experienced a construction boom as a result of the Recovery and Resilience Facility (RRF)-funded Greece 2.0 plan, which has been crucial in promoting economic recovery and resilience in Greece.

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Intrakat Group, one of Greece’s leading construction firms, has been assigned a major consulting position on the Ellinikon project, which has an estimated €8 billion in funding. Intrakat Group handles complex, large-scale construction projects both in Greece and abroad. Being one of the contractors on the Ellinikon project, Intrakat contributes significantly to its success and growth. Intrakat’s participation is crucial to guaranteeing the timely and excellent completion of the project.

The Ellinikon project of the Riviera Tower is aligned with the goals of the Greece 2.0 plan, which is aimed at promoting sustainable and inclusive economic growth in Greece. The Ellinikon project of the Riviera Tower is designed to be a sustainable and environmentally friendly development that promotes green growth. The project includes several features and initiatives that reflect this commitment such as energy efficiency, Sustainable transportation, Green spaces, Water conservation, and Sustainable building materials.

Contact name: Angela White
Address 1: Mayfair
Address 2: 8 Shepherd Market
Phone: +441632960450
Email: [email protected]
City: London
Country: United Kingdom
Website Url: https://www.mediaimpact.io/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/161695

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Bybit Expands bbSOL Yield Opportunities Through Strategic DeFi Partnerships

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This Week in Finance News: 11 Stories You Need to See

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With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help finance journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

  1. Prosperity or catastrophe: #Insurance2040 study reveals four possible futures for the industry
    By 2040, technological innovation driven by customer centricity could pave the way to greater climate resilience and more personalized offerings by the insurance industry. Alternatively, insurance could become a luxury afforded only to the wealthiest few.
  2. Cardinal Health announces two strategic additions to its portfolio
    Cardinal Health will acquire a majority stake in GI Alliance (GIA), the country’s leading gastroenterology (GI) management services organization (MSO), from a combination of GIA physician owners and funds managed by affiliates of Apollo. Cardinal Health will also acquire the Advanced Diabetes Supply Group (ADSG), one of the country’s leading diabetic medical supplies providers, for approximately $1.1 billion in cash.
  3. BlackRock Launches New BUIDL Share Classes Across Multiple Blockchains to Expand Access and Potential of BUIDL Ecosystem
    This initiative represents the next step in the evolution of the tokenization market, by enabling BUIDL to be used within leading blockchain-based financial products and infrastructure across ecosystems.
  4. Primo Brands Corporation Announces Successful Completion of Merger of Primo Water and BlueTriton Brands
    “I believe Primo Brands is positioned to be a leader in the healthy hydration beverage category, thanks to the strength of its iconic, sustainably-sourced brands, its robust operations and extensive North American network, and its responsible operation of numerous springs across the country,” said Dean Metropoulos, Non-Executive Chairman of the Board of Directors of Primo Brands.
  5. Jackson Hewitt Tax Services Expands Workforce, Offering Job Opportunities Nationwide for Upcoming Tax Filing Season
    The week-long event will launch the combined hiring of 18,000 employees to prepare for the upcoming tax filing season. The Jackson Hewitt hiring events are open to the public and include on-site interviews. Qualified candidates could receive a job offer immediately.
  6. PNC Bank to Double Planned Branch Openings to More Than 200 Across Six States This announcement brings the bank’s total investment to approximately $1.5 billion to open more than 200 new branch locations in 12 cities across the U.S. over the next five years, while completing the renovations of 1,400 existing branches during the same time period.
  7. Alchemy Pay Expands Virtual Card Functionality with Google Pay Support The new card BINs added will significantly enhance the capabilities of crypto cards, expanding their support for a broader range of payment scenarios and improving transaction success rates. This advancement is particularly impactful when paired with Google Pay, one of the most popular and widely used digital payment platforms, trusted by millions for its convenience and security.
  8. Finaya Unveils Nationwide Homeownership Platform
    From providing rich and current information about home values and property conditions, to finding helpful repair and remodeling providers, to shopping for and securing the right insurance, the platform simplifies the homeownership process, making it more accessible, convenient and efficient.
  9. GenAI predicted to inspire revenue growth in 76% of businesses, but only 4% qualify as “leaders” in AI and analytics
    Kearney’s report confirms that businesses are not only aware of how big data, AI, and analytics will impact revenue generation and enhance business strategies, but they are investing to stay ahead of the curve, too.
  10. GameAbove Sports Acquires Meaningful Ownership Stake in Brisbane Bullets with NBA Legend George Gervin as Part of Ownership Team
    This move marks a significant milestone for GameAbove Sports, a CapStone Holdings Inc. company, as it expands its influence on international basketball ahead of the Brisbane 2032 Olympics.
  11. Most US shoppers are encountering generative AI while shopping without realizing it
    A survey of 700 online shoppers in the US shows 71% are unaware of having used generative AI while shopping online even though most had recently shopped at retailers currently using it. 41% of customers say they would feel comfortable using a generative AI tool from a brand they trust.

For more news like this, check out all of the latest finance-related releases from PR Newswire.

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Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

  • Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.
  • Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.
  • Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.
  • Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

The post This Week in Finance News: 11 Stories You Need to See appeared first on .

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Fintech as a Service Market: A Comprehensive Trends Analysis Predicts a USD 1,329.12 Billion by 2032 CAGR: 17.4% | PMR

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